any of these project really hit the market with impact?
5G - will rent the service from Celcom and provide the 5G lo.. ewallet - ewallet that only can use to pay the XOX bills-nothing more. blockchain - 6 months had passed, no projects at all. All the Trax website like kindergarden school project. fintec - Not sure they really know what's call fintec other than "goreng" market place - it going to be just a website to sell XOX simcard, mask and top up la. Only those XOX's agents syok sendiri punya barang.
this HOPELESS management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew Kee 3. Ng Kok Heng Google and can see their face, wife and family members.
Welcome XOX staffs and their circle to expose more about the management, who has conned public and violating listing regulations. Keep issuing toilet papers (private placement, ESOS and whatever you can call it) continuously for so many months. these people can just dispose it after private placement (buy below market price). The corporate secretary will be found guilty as well. Best is all sama sama masuk penjara.
We have given enough chance for them to recoup back all cash burnt to their pocket.
most of the stocks bought by XOX has been appreciated, good job!... the delta will be reflected in next qr earning, expected green. hoping to get some 65c or 60c. should bought more when price dip at 65c
haha, cybertropper started to work. Very hard working lo, not yet sold off your SIS that given by your boss right? That's why have to work so hard to promote again to keep retails buying.
Don't buy any xox when directors don't buy themselves
Please learn more about XOX directors background
FUNDS from get-rich-quick and fake online investment schemes — such as JJ Poor to Rich, AAM Global Corp Sdn Bhd, MBI International Sdn Bhd, Water Beaute World Bhd and Syarikat Island Red Cafe Franchise Sdn Bhd — could have seeped into companies trading on Bursa Malaysia, a source familiar with the matter tells The Edge.
He says the movement of funds resulted in erratic trading of shares of the affected counters. “The stock exchange is one of the ways they use to legitimise their gains,” he said on condition of anonymity.
While the source cites a long list of counters, perhaps one of the most noteworthy is Water Beaute World Bhd, which has been on Bank Negara Malaysia’s “list of known companies and websites which are not authorised nor approved under the relevant laws and regulations administered by BNM” since May 9.
Water Beaute World surfaced as a substantial shareholder in Raya International Bhd (formerly Envair Holding Bhd) on Sept 2, 2015, with 5.61% equity interest or 7.32 million shares, and by the end of the month, it had 8.13% or 10.6 million shares. By the end of May last year, it had accumulated 17.94 million shares, or a 12.51% stake.
On June 10 last year, Water Beaute World sold its entire stake of 12.58% or about 18 million shares. Based on the closing price of 23 sen, Water Beaute World would have received RM4.2 million.
Since then, Raya International’s share price has not moved much.
Back when Water Beaute World was a shareholder, for no apparent reason, the share price surged more than 40% within a week to hit 36 sen on May 30, 2016. It is unlikely that Raya International, which makes air filter and carbon cartridges, could generate such interest on the strength of its earnings potential alone. For the first three months of FY2017, the company posted a net profit of only RM548,000 from RM23.10 million in sales.
While this churning may seem to be nothing out of the ordinary, WBW Global Sdn Bhd and AXD System Global Sdn Bhd — which have the same registered address (in Taman Shamelin Perkasa) and same business address (in Taman Bayu Tinggi, Klang) as Water Beaute World — have surfaced in Anzo Holdings Bhd (formerly Harvest Court Industries Bhd).
Water Beaute World and AXD share a director and shareholder in Lui Leong Eng, who has 25% in Water Beaute World and 89.2% in AXD.
WBW Global surfaced in Anzo at end-November 2016 with 18.86 million shares or 6.30% equity interest, while AXD surfaced on Jan 10 this year with 15.70 million shares or a 5.23% stake. AXD ceased to be a substantial shareholder after selling seven million shares on April 21.
From end-January to mid-April, Anzo’s share price gained more than 130%, from 23 sen to 54 sen. Since mid-April, it has fallen to regular levels and closed last Friday at 23.5 sen. A check on Anzo’s annual report indicates that WBW Global has 6.31% equity interest in the company and Water Beaute World has 3.68%.
But WBW Global is not cited as a substantial shareholder in Anzo. The largest shareholder with 22.38% is Datuk Chai Woon Chet.
Anzo, whose mainstay is timber products, suffered a net loss of RM4.63 million from revenue of RM12.26 million for the financial year ended March 31, 2017.
WBW Global surfaced as a substantial shareholder in Plastrade Technology Bhd on April 19, 2016, with 5.57% equity interest or 8.65 million shares. AXD surfaced on Nov 18 last year with a stake of 7.91% or 11.90 million shares. WBW Global ceased to be a substantial shareholder on the same day after selling 7.97 million shares.
AXD, meanwhile, accumulated 21.79 million shares or a 14.49% stake in Plastrade, but has yet to sell any shares although the share price has gained more than 290% from end-January to mid-May.
Plastrade, which manufactures polyethylene products, suffered a net loss of RM77,000 from revenue of RM12.74 million in the first three months of its 2017 financial year.
Last Friday, Plastrade ended trading at 34.5 sen.
Other erratic share price movements that defy logic include those at Seacera WA. Its share price shot up from four sen to 25 sen on April 14 before tumbling to 6.5 sen the next day. It then rose to 15.5 sen (when?).
Seacera WA was suspended from trading on April 27 and the last day to exercise its warrants was May 16, a day before it was de-listed.
Two other companies — Vizione Holdings Bhd and XOX Bhd — are linked to Anzo’s Chai. Chai is an executive director at Vizione but does not have a substantial shareholding. At XOX, he is managing director and is not a substantial shareholder as well.
Interestingly, XOX’s largest shareholder with 3.08% is WBW Global, while Water Beaute World has 3.01% equity interest
KUALA LUMPUR (Aug 17): XOX Bhd’s managing director (MD) Datuk Eddie Chai Woon Chet has resigned from his position "due to other personal commitment which requires his full attention".
The resignation will take effect today, according to the mobile virtual number operator's stock exchange filing today.
Chai, 40, had been XOX’s managing director for over four years, following his appointment in Jan 13, 2014. He holds a diploma in business economics from a local instution, and is currently also MD of Main Market-listed Anzo Holdings Bhd, a company that is principally involved in construction and the manufacturing of timber doors.
Two executive directors have been named following Chai’s resignation. They are Chai’s predecessor Ng Kok Heng and incumbent independent director Tan Sik Eek. Ng was XOX’s MD from 2010 to 2013.
XOX shares closed unchanged at 7.5 sen today, valuing the group at RM74.48 million. 08/03/2021 1:04 PM X numberone The above is story about 1. Eddie Chai Woon Chet 2. Ng Kok Heng (puppet hopeless managing director of XOX, use XOX cash for wrongful purpose by buying Macpie, Cheetah, and Nexion) 3. Roy Ho Stay tune for more story about other directors and key men.
this HOPELESS management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew Kee 3. Ng Kok Heng Google and can see their face, you can handle them in real life.
Becareful, dont buy into trap. They just issue ESOS 0.07 to employees about 210M units of shares, these employees are now waiting to dump at 0.08 to 0.10 to retailers.
Xox employees prepare to dump their free shares @0.07 to us retail investors at 0.08 to 0.10.
If XOX is really good, the directors they themselves already sapu all XOX shares. Dont try to con the retailer public, I'm here to circulate the criminal money laundering activities of the management with his gang.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
strattegist
23,459 posts
Posted by strattegist > 2021-03-18 08:47 |
Post removed.Why?